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be at a bottom. should you have this hesitation by china to simulate, get resolve, then educational background see a meaningful comeback in the stocks despite those expectations. >> rick, i'm wondering how much this has to do with the fiscal cliff given the fact there are government programs that will be going away at year end. is some of this in anticipation in terms of business going away? >> you know, my opinion, the answer to that question is no. i read a lot of the ceo's remarks in the press release. when you're looking at the shanghai index of china in general, fedex, caterpillar, this is a trend, and i don't think it has to do with what could be affected by the fiscal cliff. our last guest who made fun of the guidance out that far, did he have the same thing when the federal reserve and central bankers seemed to have some way to see in their crystal ball 2 1/2 to 4 years down the road? >> stealing my thunder, rick. >> let me counter that quickly. central bank concerns about deflation is very real. whether it's actually going to happen or not is irrelevant. this is about incentives. cent
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